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Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
[1]
Sep. 30, 2016
[1]
Jun. 30, 2016
[1]
Mar. 31, 2016
[1]
Dec. 31, 2015
[2]
Sep. 30, 2015
[2]
Jun. 30, 2015
[2]
Mar. 31, 2015
[3]
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Tax Disclosure [Abstract]                      
Earnings (loss) from continuing operations before income taxes and equity earnings $ 280 $ 373 $ (14) $ 317 $ 265 $ 329 $ 266 $ 406 $ 956 [1] $ 1,266 [2] $ 872
Statutory U.S. income tax rate                 35.00% 35.00% 35.00%
Tax expense (benefit) using statutory U.S. income tax rate                 $ 335 $ 443 $ 305
State and local income taxes                 15 27 10
Tax rate and permanent differences on non-U.S. earnings                 (27) (44) (72)
Net U.S. tax on non-U.S. dividends                 21 12 16
Tax benefit on manufacturing activities                 (12) (14) (46)
Non-deductible business expenses                 9 8 7
Non-deductible impairments                 0 109 35
Sale of non-strategic assets                 12 (61) 0
Tax audits                 (14) 0 0
Subsidiary liquidation                 (63) 0 (85)
Retirement plan dividends                 (6) (5) (5)
Tax credits                 (28) (15) (34)
Other, net                 5 6 (8)
Income tax provision (benefit)                 $ 247 $ 466 $ 123
Effective income tax rate                 26.00% 37.00% 14.00%
[1] Includes the following pre-tax charges (gains): 2016In millions Q1 Q2 Q3 Q4Riegelwood mill conversion costs $9 $— $— $—India Packaging evaluation write-off — — 17 —Early debt extinguishment costs — — 29 —Write-off of certain regulatory pre-engineering costs — — 8 —Costs associated with the newly acquired pulp business — 5 7 19Asia Box impairment / restructuring 37 28 5 —Gain on sale of investment in Arizona Chemical (8) — — —Turkey mill closure — — — 7Amortization of Weyerhaeuser inventory fair value step-up — — — 19Total $38 $33 $66 $45
[2] Includes the following pre-tax charges (gains): 2015In millions Q1 Q2 Q3 Q4Riegelwood mill conversion costs, net of proceeds from sale of the Carolina Coated Bristols brand $— $(14) $7 $15Timber monetization restructuring — — 17 (1)Early debt extinguishment costs — 207 — —Refund and state tax credits — (4) — —IP-Sun JV impairment — — 186 (12)Legal reserve adjustment — — — 15Impairment of Orsa goodwill and trade name intangible — — — 137Other items — 1 1 4Total $— $190 $211 $158
[3] Includes the following tax expenses (benefits): 2015 Q1 Q2 Q3 Q4Tax expense for cash pension $— $23 $— $—Tax benefit related to IP-Sun JV — — (67) —Other items — 5 — 2Tax impact of other special items — (67) (3) (13)Total $— $(39) $(70) $(11)